Disapproval Resolution Relating To Debt Limit Increase
Madam Speaker, I rise in opposition to this resolution because it is in favor of the United States defaulting on its debts. The Republican Party is calling for the United States to default, to tell the whole world: we don't pay our debts.…
Madam Speaker, I rise in opposition to this resolution because it is in favor of the United States defaulting on its debts. The Republican Party is calling for the United States to default, to tell the whole world: we don't pay our debts. That's what this is about, and it doesn't do one single thing to help American workers or businesses with jobs.
Now, make no mistake: The House of Representatives is being used by the Tea Party as an attack machine on the President. They will delay action on anything that helps the economy. The President came up here on Thursday with a plan. Where's the schedule for bringing it out on the floor to create jobs? No, we have to come up here with this resolution. For the majority, delaying economic recovery is a small price to pay if they can win an election. They don't care about ordinary folks, working people. They only care about people on the top. Instead of doing something to help create jobs, they have brought up this bill to gin up their extreme base that thinks the only thing Americans should build together are roads and a Defense Department. That is what the U.S. Government is all about. Nothing else makes any difference. We don't need to invest in health or science. What do we need science for? It will work out. Don't worry.
In this resolution the Republicans are voting for the United States not to pay its bills. That's what we're spending time on. Today is just another day in the Alice in Wonderland of the Republican House. Pure politics and nothing to help the American people get jobs. This whole Republican Congress is about the Presidential election. It has been from the beginning back in January. Not helping the middle class. What have they done for foreclosures in this country? What have they done for youngsters trying to go to school? What have they done for anything except try and get the President? They are trying it by stopping the economy from moving forward.
I urge my colleagues not to just vote ``no'' on this but for the majority to withdraw it and bring up the American Jobs Act. The President brought it up here. It deserves to be brought up to the floor and debated and amended and passed.
I sometimes wonder when I listen to the discussion about this doing stuff to pay someplace down the road, some long-term investment, if a Republican has ever bought a house. I remember when I bought my first house in Seattle. I was 25 years old. I was a medical resident. I paid $16,400 for it. And I wondered if I would ever be able to pay for it, because I wasn't making that much money in those days.
Lo and behold, I bought the house. And you know what? Thirty years later I paid off that house. That's what investment is about. What the President is saying is that we have to invest in this country if we're going to bring it out of the problems it's in. And that means infrastructure on the ground and it means in human beings in education.
If we don't invest, as the Greatest Generation did after the Second World War--here came Eisenhower and said, hey, we've got to build roads. Nobody said, well, you know, we can't go in debt for all that. Nobody said we can't invest in human beings.
We did the GI Bill of Rights, and that's what made us the strongest country in the world. We took every veteran who came back from the war and said here's a college education; get
it and take it out and make this country work. That was investment. But not today's Republican Party. Oh, no, we can't, we mustn't.
Don't you understand investment?